Planned Solutions Inc. Invests $43,000 in Honda Motor Co., Ltd. (NYSE:HMC)

Planned Solutions Inc. acquired a new stake in Honda Motor Co., Ltd. (NYSE:HMC) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,380 shares of the company’s stock, valued at approximately $43,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Harrington Investments INC grew its position in Honda Motor by 2.3% in the 4th quarter. Harrington Investments INC now owns 39,890 shares of the company’s stock valued at $1,233,000 after acquiring an additional 907 shares in the last quarter. Abundance Wealth Counselors lifted its stake in Honda Motor by 9.1% in the fourth quarter. Abundance Wealth Counselors now owns 32,294 shares of the company’s stock valued at $998,000 after buying an additional 2,707 shares during the last quarter. Aprio Wealth Management LLC purchased a new stake in Honda Motor in the fourth quarter valued at approximately $245,000. Raymond James Financial Services Advisors Inc. raised its stake in shares of Honda Motor by 8.0% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 24,267 shares of the company’s stock worth $750,000 after purchasing an additional 1,806 shares during the last quarter. Finally, Raymond James & Associates raised its position in Honda Motor by 6.9% in the fourth quarter. Raymond James & Associates now owns 323,011 shares of the company’s stock worth $9,984,000 after acquiring an additional 20,787 shares in the last quarter. 5.32% of the stock is currently owned by hedge funds and other institutional investors.

Honda Motor Trading Down 0.2 %

NYSE:HMC opened at $37.23 on Friday. The stock has a fifty day moving average price of $34.91 and a two-hundred day moving average price of $33.10. The stock has a market capitalization of $63.69 billion, a price-to-earnings ratio of 8.78, a PEG ratio of 0.43 and a beta of 0.71. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.13 and a current ratio of 1.45. Honda Motor Co., Ltd. has a 1 year low of $25.75 and a 1 year high of $37.90.

Honda Motor (NYSE:HMC) last released its quarterly earnings data on Friday, February 9th. The company reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.21. The firm had revenue of $36.50 billion during the quarter, compared to analysts’ expectations of $37.68 billion. Honda Motor had a return on equity of 8.04% and a net margin of 5.05%. As a group, sell-side analysts anticipate that Honda Motor Co., Ltd. will post 4.2 earnings per share for the current fiscal year.

Honda Motor Company Profile

Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses.